Continuous losses to promote coal-power-aluminum integration process in China
2012-12-11 17:52:03 【Print】
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Aluminum ingot prices continue to decline in Chinese domestic market, which brings great losses to most smelting plants. Aluminum ingot prices are unlikely to recover to above RMB16,000/t (USD2,543/t) neither in short period or long run, symbolizing that losses are inevitable if aluminum smelters maintain capacities at the current level
. Integration process of coal-power-aluminum, which is extremely urgent, is the one of the most important factors to pull smelters out of losses .